NEW
YORK, June 5, 2024 /PRNewswire/ -- The Gross Law
Firm issues the following notice to shareholders of Fastly, Inc.
(NYSE: FSLY).
Shareholders who purchased shares of FSLY during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/fastly-loss-submission-form/?id=82739&from=4
CLASS PERIOD: February 15,
2024 to May 1, 2024
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (i) contrary
to its representations to investors, Fastly was in fact
experiencing a significant deceleration in growth among its largest
customers and was losing the increased market share it had gained
as a result of the 2023 content delivery network consolidation
trend; (ii) the foregoing issues were likely to have a material
negative impact on the Company's revenue growth; (iii) accordingly,
the Company was unlikely to meet its own previously issued revenue
guidance for FY 2024; (iv) as a result, the Company's financial
position and/or prospects were overstated; and (v) as a result, the
Company's public statements were materially false and misleading at
all relevant times.
DEADLINE: July 23, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/fastly-loss-submission-form/?id=82739&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of FSLY during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is July 23, 2024. There is no cost or
obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content to download
multimedia:https://www.prnewswire.com/news-releases/investors-in-fastly-inc-should-contact-the-gross-law-firm-before-july-23-2024-to-discuss-your-rights--fsly-302164208.html
SOURCE Gross Law Firm